Question 24 (15 marks) Liu Muri wants you to evaluate Project A and Project B...
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Question 24 (15 marks) Liu Muri wants you to evaluate Project A and Project B for him. The projects are mutually exclusive. He requires a return of 6.7%. The costs and cash flows are presented in Table 1. TABLE 1: Year 0 1 2 3 4 5 6 7 Project A -45000 21000 16000 15000 Project B -60000 9000 12000 12500 6200 16000 17000 8000
Required Advice Liu Muri which project provides better returns?
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